Common use of Restriction on Assignment Clause in Contracts

Restriction on Assignment. Except as specifically provided herein, Licensee shall not directly or indirectly (including, without limitation, by merger, acquisition, or other transfer of any controlling interest in Licensee), voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer any part of its interest in or rights with respect to the Premises, or permit any portion of the Premises to be occupied by anyone other than itself, or sublet or sublicense any portion of the Premises (which actions are referenced collectively herein as “Assignment”) without City's prior written consent. City's consent to an Assignment shall not be unreasonably withheld in each instance, as provided herein below and subject to the exception for certain permitted transfers as provided in Section 17.6 (Permitted Assignment). Notwithstanding anything to the contrary contained in this Master License, in no event shall Licensee have the right to encumber by a mortgage, deed of trust, security agreement, or otherwise, any part of the Premises or City's interest therein.

Restriction on Assignment. A. Except as specifically provided herein, Licensee Operator shall not directly or indirectly (including, without limitation, by merger, acquisition, or other transfer of any controlling interest in LicenseeOperator), voluntarily or by operation of law, sell, assign, encumber, pledge or otherwise transfer any part of its interest in or rights with respect to the Premises, or permit any portion of the Premises to be occupied by anyone other than itself, or sublet or sublicense any portion of the Premises (which actions are referenced collectively herein as “Assignment”) without City's ’s prior written consent. City's ’s consent to an Assignment shall not be unreasonably withheld in each instance, as provided herein below and subject to the exception for certain permitted transfers as provided in Section 17.6 XII.G. (Permitted Assignment). Notwithstanding anything to the contrary contained in this Master LicenseAgreement, in no event shall Licensee Operator have the right to encumber by a mortgage, deed of trust, security agreement, or otherwise, any part of the Premises or City's ’s interest therein.